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Posted on: June 5, 2018, 3:31 p.m.
Chinese firms continue to pull out of the U.S. real estate market as quickly as they swooped in, with Greenland Group being the latest. The U.S. subsidiary of the Shanghai-based developer is divesting from a massive San Francisco-area biotech campus development, according to the Wall Street Journal. Greenland has sold the 40-acre property to Los Angeles-Kilroy Realty Corp. for $308 million. Greenland USA purchased the site in 2016 in partnership with Ping An Trust, Agile […] Full investment news article